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  "description": "Fusion technology has been seen as a long way off but tech companies view it as a promising way of powering their energy-hungry AI data centers.",
  "path": "/trump-media-to-merge-with-nuclear-fusion-company-that-wants-to-power-ai/",
  "publishedAt": "2025-12-18T15:54:27.000Z",
  "site": "https://broadbandbreakfast.com",
  "tags": [
    "provide the electricity",
    "Trump Media & Technology",
    "solution to climate change"
  ],
  "textContent": "Dec. 18, 2025 (AP) – Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued at more than $6 billion.\n\n**Devin Nunes** , the Republican congressman who resigned in 2021 to become the CEO of Trump Media, will be co-CEO of the new company with TAE Technologies CEO **Michl Binderbauer**.\n\nThe combined company says it plans to find a site and begin construction next year on the “world’s first utility-scale fusion power plant,” with aims to provide the electricity needed for artificial intelligence.\n\nShares of Trump Media & Technology, the parent company of President **Donald Trump's** Truth Social media platform, have tumbled 70% this year but jumped 20% before the opening bell Thursday.\n\nBacked by Google and other investors, TAE is a private company and the merger with Trump Media would create one of the first publicly traded nuclear fusion companies.\n\n“We’re taking a big step forward toward a revolutionary technology that will cement America’s global energy dominance for generations,\" Nunes said in a prepared statement.\n\nTAE focuses on nuclear fusion, a technology that combines two light atomic nuclei to form a single heavier one. It releases enormous amount of energy, a process that occurs on the sun and other stars, according to the United Nations' International Atomic Energy Agency. It's been seen as a promising solution to climate change caused by burning fossil fuels, but one that is a long way off compared to today's clean technologies like wind and solar.\n\nTAE and Trump Media shareholders will each own approximately 50% of the combined company.\n\nTrump is by far the largest stakeholder in Trump Media, owning 41% of all outstanding shares.\n\nIn October, the U.S. Department of Energy released what it called a “roadmap” for fusion technology, with the aim of fostering “a burgeoning fusion private sector industry in the U.S. toward maturity on the most rapid timeline.” A number of tech companies, including Google, Microsoft and OpenAI CEO **Sam Altman** , have shown interest in fusion technology as a way of powering the energy-hungry data centers needed to build and run their AI products.\n\nTAE and Trump Media say the transaction values each TAE common stock at $53.89 per share.\n\nAt closing, Trump Media & Technology Group will be the holding company for Truth Social and TAE, along with its subsidiaries TAE Power Solutions and TAE Life Sciences.\n\n_This article was written by the Associated Press._",
  "title": "Trump Media to Merge with Nuclear Fusion Company that Wants to Power AI",
  "updatedAt": "2026-04-17T21:51:20.023Z"
}